"The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market"

This quote by George Soros recommends that the monetary markets are unforeseeable and that it is difficult to accurately predict what will happen. He believes that rather of attempting to predict the future, it is much better to have various scenarios in mind. This is due to the fact that the markets are continuously altering and it is difficult to know what will happen in the future. He thinks that trying to predict the future of the markets is futile which it is much better to be prepared for different situations. This quote highlights the importance of being gotten ready for different outcomes and not counting on forecasts. It likewise stresses the value of being flexible and adapting to altering market conditions.